Core Scientific's AMD Deal Could Generate $14 Billion Over 15 Years, Bernstein Forecasts - Core Scientifi

Bernstein says Core Scientific's AMD partnership could generate $14B over 15 years

AMD backstops 377 MW at Core Scientific ($14B over 15 years) with warrant sweetener. Marks industry shift: chipmakers now underwrite direct master leases vs credit guarantees, reducing financing costs on long-dated AI infrastructure.